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MYR Group Inc.

MYRG Technical Analysis Summary (NASDAQ)

Analyze MYRG on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

MYRG●NASDAQ
IndustrialsEngineering & Construction
$286.44
$6.14(2.10%)
U.S. Market is Open · 15:03

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

MYRG Technical Analysis Summary (NASDAQ)

MYR Group Inc. (NASDAQ: MYRG) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 41.01)
Trend Strength:Strong (ADX: 37.97)
Volatility:Medium (ATR: 12.35)
Support/Resistance:$271.31 – $298.96 (Bollinger Bands)

Technical conditions suggest MYR Group Inc. on the NASDAQ is awaiting a decisive move. Overall, MYR Group Inc. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 41.01

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 75.38

Bullish
Buying momentum building without extremes.

Williams %R: -42.58

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -0.78

Neutral
Price change is minimal.

Takeaway:MYR Group Inc. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -8.61

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 37.97

Strong
Strong trend, momentum well established.

ATR (14): 12.35

Rising
Rising volatility, market activity increasing.

CCI (14): 38.91

Bullish
Bullish, momentum building upward.

Takeaway:MYR Group Inc. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$298.96
Middle Band (SMA 20)
$285.14
Lower Band
$271.31
Current Position
Within Bands

Takeaway:MYR Group Inc. trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$316.33
Middle Line (EMA 20)
$291.62
Lower Channel
$266.92
Squeeze Status
Squeeze On

Takeaway:MYR Group Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-3.54M
Money Flow Index56.10Neutral, balanced money flows with no clear signal.
Relative Vigor Index42.74Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:MYRG shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of MYR Group Inc. (NASDAQ: MYRG), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:MYR Group Inc. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(NASDAQ: MYRG) Technical Analysis FAQ